Oil and gas news and insights: Week of April 20
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
Blog
Read the latest insights and analysis from the experts at Oil Change International.
A resilient recovery means a managed decline of oil and gas production — here’s how we get there
This week the seemingly impossible happened: U.S. oil futures prices went negative for the first time in history. What happens next is up to us.
To advise on green stimulus, the IEA needs to upgrade its own climate toolbox
A toolbox isn’t very helpful if even the best tool in it only gets you halfway to the repair you need to make. As the IEA prepares a special report on economic recovery, it must close its own climate credibility gap.
Putting clean energy stimulus at the heart of IEA analysis?
People all over the world are facing unprecedented crises from COVID-19. These tragic impacts will be the deepest in the world’s most vulnerable communities, regions and countries. IEA director Dr. Fatih Birol has urged governments worldwide to place clean energy at the heart of stimulus. Here Dr. Birol is right - but making this clean energy call count with real ambition is critical if the IEA wants to shake its reputation as a shill for the fossil fuel sector.
The Loopholes Lurking in BP’s New Climate Aims
It’s time for BP and all oil companies to stop hiding behind net-zero rhetoric and commit to immediate action on the scale of the crisis we’re in.
“Grand Coalitions” with Big Oil and Gas Won’t Solve the Climate Crisis
The IEA is embarking on a public relations effort that bears a striking resemblance to the spin coming from the oil and gas industry itself. This post takes a closer look at the IEA’s new spin, and why it's a dangerous distraction from real solutions.
IEA dogged by criticism at UN climate talks
The IEA's fingerprints were all over the failed UN climate talks in Madrid. And so, it was not hard to find them and set the record straight.
Pressure Mounts for IEA to Improve the World Energy Outlook
In case you missed it, yesterday the International Energy Agency released its hallmark report, World Energy Outlook (WEO) 2019. If the resultant press coverage and social media traffic was any indication, there are growing concerns over the inadequacy of the WEO.